The bank’s asset management business will add US$28 billion in assets under supervision (AuS) and one of the ETF industry’s largest lineups of defined outcome ETFs.

Goldman Sachs has entered into an agreement to acquire Innovator Capital Management (Innovator), a defined outcome ETFs provider. Active ETFs are dynamic, transformative and have been one of the fastest-growing segments in today’s public investment landscape - David Solomon The transaction consideration is expected to be approximately US$2 billion, payable in a combination of cash and equity, subject to the achievement of certain performance targets. Innovator manages US$28 billion of